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S&P 500 (Sep 10) INTRADAY Review U.S. stocks rallied the most in almost two months as better-than-estimated growth in American and Chinese manufacturing bolstered confidence in the global economic recovery. At 56.3 US ISM beat the top range of all analysts estimates, taking the market by surprise and easily negating the poor ADP figure. Alcoa Inc. advanced 3 percent as metal prices gained. Apple Inc. rose 3 percent after introducing iPods and a televi-sion set-top box. Burger King Holdings

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/JPY AUD/USD  : 0.9083 Last Updat e At  02 Sep 2010 08:45 GMT Aussie's rebound after holding abv intra-day sup at 0.9055 (Asia) suggests consolidaiton with upside bias remains for gain twd 0.9117 (AUS), however, a breach there is needed to confirm recent upmove fm 0.8770 has resumed n extend twd 0.9137 later. Reinstate long on dips with stop as indicated n only below 0.9032 (prev. res) aborts, 0.9000/05... Range Forecast 0.9070 / 0.9100

************************************** Update Time: 01 Sep 2010 12:30GMT WEEKLY EUR/USD OUTLOOK - +1.2830+ Euro's 'erratic' rise fm l.2588 (Tue) suggests recent decline fm 1.3334 has possibly made a temp. low there n consolidation with initial upside bias is seen for a long-overdue minor correction to 1.28 80, however, reckon res at 1.2923 wud cap present rise n yield subsequent strg retreat. Buy on dips for 1.2880 or sell if euro climbs to 1.2900 1st for pullback to 1.2700. Below 1.2588 wud

INTRA-DAY USD/JPY: Last Update At 02 Sep 2010 02:19 GMTRange Forecast 84.10 / 84.40 Resistance/Support R: 84.67 / 84.89 / 85.15 S: 84.06/ 83.83 / 83.66 ------------------------------------------------- INTRA-DAY EUR/USD: Last Update At 02 Sep 2010 02:15 GMT Range Forecast 1.2780 / 1.2805Resistance/Support R: 1.2814/1.2856/1.2890 S: 1.2780/1.2765/1.2744 ------------------------------------------------- INTRA-DAY USD/CHF: Last Update At 02 Sep 2010 02:24 GMT Range Forecast 1.0160 / 1.0190

“… It is intuitive to stay with losing trades; it is counter-intuitive to have a stop loss and to embrace small losses. It is intuitive to get out of winning trades too soon; it is counter-intuitive to let your winners run. It is intuitive to enter a trade in the direction of the price action after an extended rally or sell-off; it is counter-intuitive to wait for the imbalance of buyer and sellers to go against the herd. And, it is intuitive to pile on multiple indicators in an effort to get

S&P 500 (Sep 10) INTRADAY Review U.S. equities pared earlier gains as the Fed minutes disappointed investors speculating the central bank would resume “quantitative easing,” or the purchase of debt to safeguard the economic recovery. Ten-year Treasuries extended their advance as the minutes showed some Fed officials saw “increased downside risks” to economic growth and inflation. The S&P 500 closed at 1,052.50, reducing its August slide to 4.3%. Strategy Looking ahead we are expecting

******************************************** Update Time: 31 Aug 2010 18:56GMT INTRA-DAY EUR/JPY OUTLOOK - +106.50+ Although euro's strg rebound fm 106.16 suggests an intra-day low has possibly been formed there, subsequent retreat fm 107.78 suggests consolidation is seen n weakness to 106.50 is likely, however, reckon 106.16 wud contain downside. Turn short on pullback with stop as indicated, break wud prolong choppy trading n risk 107.45/50.   

INTRA-DAY USD/JPY: Last Update At 01 Sep 2010 02:36 GMT Range Forecast 84.25 / 84.55 Resistance/Support R: 84.61 / 84.89 / 85.15 S: 84.02 / 83.83 / 83.58 ------------------------------------------------- INTRA-DAY EUR/USD: Last Update At 01 Sep 2010 04:07 GMT Range Forecast 1.2690 / 1.2720 Resistance/Support R: 1.2720/1.2744/1.2780 S: 1.2661/1.2625/1.2608 ------------------------------------------------- INTRA-DAY USD/CHF: Last Update At 01 Sep 2010 02:59 GMT Range Forecast 1.0155 / 1.0185

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/JPY AUD/USD  : 0.9000 Last Updat e At  01 Sep 2010 02:57 GMT A$'s jump after the release of better-than-expec ted GDP data suggests retreat fm Monday's high at 0.9032 has ended at 0.8860 y'day n upside bias is seen for gain to 0.9010, however, said res wud hold on 1st testing due to nr term o/bot condition. Buy no dips withs top as indicated, below wud prolong choppy trading n risk 0.8925/35... Range Forecast 0.8990 / 0.9025

S&P 500 (Sep 10) INTRADAY Review U.S. stocks fell, erasing most of the previous days gains as a slower- than-estimated increase in American personal incomes fuelled concern that the economic rebound is slowing. The S&P 500’s decline was led by financial and consumer discretionary stocks, with gauges of both industries falling at least 1.7 percent. The Standard & Poor’s 500 Index dropped 1.8 percent to 1,044.75 at 4:30 p.m. in New York. Strategy Looking ahead we are expecting a

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/JPY EUR/JPY : 106.45 Last Updat e At  31 Aug 2010 05:51 GMT Euro's selloff below 106.62 (Asia) indicates the  decline fm y'day's 109.56 top is still in progress  n downside bias is seen for further weakness to 106  .35 n then 106.00, however, sharp fall below latter  lvl is prevented due to nr term loss of momentum.  Hold short with stop as suggested n only abv 106  .85 wud risk stronger gain twd 107.20 b4

Update Time: 30 Aug 2010 14:05GMT INTRA-DAY EUR/JPY OUTLOOK - +108.20+ Euro's retreat after marginal rise abv Friday's high of 1.3143 to 1.3147 suggests correction fm re- cord low of 1.2971 has ended there n consolidation with downside bias is seen for weakness to 1.3000/ 05 but reckon 1.2990 shud hold n bring rebound. Turn short on pullback with stop as indicated n only abv 1.3095/00 wud risk 1.3125/30. Rate: +1.3020+    Strategy: +Target met+    Position: +Short

Fundamental The euro had an uneven performance this past week; but the outcome that really mattered for the shared currency was the progress made against the US dollar – its primary counterpart. In fact, EURUSD climbed through the last three days of the week as the risk aversion drive steadied and the greenback saw its appeal as a safe haven diminish. This is not to say, however, that the currency market’s most liquid pair has put in for a definitive reversal. Though the pair did advance, it

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/JPY EUR/JPY : +108.60+ Last Updat e At  30 Aug 2010 05:36 GMT As euro's sharp selloff after intra-day rally to 109.56 (Asia) suggests the rise fm last wk's 105.44 low has made temp. top there, consolidation with downside bias is seen for a retrace. to 108.55/60, however, 108.01 (prev. res) shud hold fm here. Turn short with stop as indicated, break defers intra-day bearishness n may risk re-test of 109.56. Range Forecast +108.40 / 108.80+

There’s one thing that few people will dispute: We’re all imperfect and therefore make mistakes and do things we come to regret. Hello: I was away from the markets recently due to some transient technical problems. I nevertheless received phone calls from those who found the markets difficult. So I decided to write this small essay to encourage those who are facing tough times on the markets. According to Paul Liburd, trading isn’t a win-win situation. Be prepared to lose on some trades as

********************* Update Time: 27 Aug 2010 15:06GMT INTRA-DAY EUR/JPY OUTLOOK - +108.20+ Despite euro's sharp retreat fm 108.19, present strg rebound fm 107.13 suggests pullback has ended there n upside bias is seen for upmove fm this wk's low of 105.44 to extend marginal twd 108.25 (prev. sup, now res) but 108.55 shud hold. Buy on dips with stop as indicated, below wud prolong choppy n risk 107.13/20 again. Rate: +108.20+ Strategy: +Target met+ Position: +Long at 107.85+ Objective: 108.20

INTRA-DAY USD/JPY: Last Update At 30 Aug 2010 03:36 GMT Range Forecast 85.30 / 85.65 Resistance/Support R: 85.75 / 85.92 / 86.19 S: 85.32 / 85.12 / 84.89 ------------------------------------------------- INTRA-DAY EUR/USD: Last Update At 30 Aug 2010 03:56 GMT Range Forecast 1.2735 / 1.2765 Resistance/Support R: 1.2780/1.2795/1.2833 S: 1.2726/1.2692/1.2676 ------------------------------------------------- INTRA-DAY USD/CHF: Last Update At 30 Aug 2010 02:26 GMT Range Forecast 1.0285 / 1.0315

S&P 500 (Sep 10) INTRADAY Review U.S. stocks fell, sending the Dow Jones Industrial Average below 10,000 for the first time in seven weeks, as concern about Spain’s fiscal stability and a slowdown in manufacturing wiped out early gains trig-gered by a drop in jobless claims. The E-mini S&P touched our entry at 1058.50 and reached our first target at 1044.00. Strategy Looking ahead all eyes are on Bernanke, speaking in Jackson hole on the outlook of the U.S. economy. Bernanke is like-ly

INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/JPY : 107.47 Last Update At 27 Aug 2010 03:17 GMT Although euro's retreat after being capped below 108.01 suggests corrective rise fm this wk's 105.44 low has formed a temp. top there y'day, outlook is consolidative n nr term o/sold condition shud limit weakness to 106.80 in Asia n bring rebound later. Incline to buy on dips n exit on rise as only abv 107.65 wud signal aforesaid retreat is over... Range Forecast +107.30 / 107.60+

INTRA-DAY USD/JPY: Last Update At 26 Aug 2010 23:31 GMT Range Forecast 84.25 / 84.55 Resistance/Support R: 84.72 / 84.89 / 85.09 S: 84.04 / 83.91 / 83.58 ------------------------------------------------- INTRA-DAY EUR/USD: Last Update At 27 Aug 2010 01:03 GMT Range Forecast 1.2695 / 1.2720 Resistance/Support R: 1.2727/1.2747/1.2765 S: 1.2666/1.2648/1.2608 ------------------------------------------------- INTRA-DAY USD/CHF: Last Update At 26 Aug 2010 23:39 GMT Range Forecast 1.0215 / 1.0245

S&P 500 (Sep 10) INTRADAY Review U.S. stocks and oil advanced, erasing early declines, and Treasuries reversed gains amid specula-tion this month’s retreat in riskier assets has gone too far relative to prospects for the economic recov-ery. Earlier declines came after new-home sales unexpectedly slumped to a record low and durable-goods orders increased less than estimated. The Standard & Poor’s 500 Index climbed 0.5 percent to 1,055.25 at 4:30 p.m. in New York, snapping a four-day

********************* Update Time: 26 Aug 2010 09:08GMT INTRA-DAY USD/CHF OUTLOOK - +1.0280+ Despite intra-day rebound fm 1.0281 to 1.0319, current retreat on renewed cross buying in chf sug- gests recovery fm y'day's low of 1.0247 has possi- bly ended there n consolidation with downside bias wud be seen for weakness to 1.0280/81. Trade fm short side n exit on decline. A firm rise abv 1.0338 may risk stronger gain twd 1.0373.    Rate: +1.0280+    Strategy: +Target met+

INTRA-DAY USD/JPY: Last Update At 26 Aug 2010 04:20 GMT Range Forecast 84.60 / 84.85 Resistance/Support R: 84.89 / 85.09 / 85.34 S: 84.46 / 84.04 / 83.91 ------------------------------------------------- INTRA-DAY EUR/USD: Last Update At 26 Aug 2010 04:26 GMT Range Forecast 1.2695 / 1.2725 Resistance/Support R: 1.2730/1.2772/1.2833 S: 1.2650/1.2608/1.2588 ------------------------------------------------- INTRA-DAY USD/CHF: Last Update At 26 Aug 2010 05:40 GMT Range Forecast 1.0295 /

INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/JPY : 107.48 Last Update At 26 Aug 2010 03:15 GMT Euro's present rally fm y'day's 106.36 (NY) suggests MT downtrend fm 114.74 has possibly made a low at 105.44 earlier n upside bias is seen, but near term loss of momentum shud cap price below 108.10 n bring retreat later. Wud not advise to chase for this move, look to sell on marginal recovery for day trade. Range Forecast 107.35 / 107.65 Resistance/Support R: 107.65/108.25/108.54 S:

S&P 500 (Sep 10) INTRADAY Review US equities continued their flight-to-quality yesterday reaching new 7 week lows with the e-mini S&P500 moving through key support at 1051.25. Another set of disastrous Housing Figures fuelled the extension to the downside with Existing Home Sales for July coming in below 4 million to record the slowest amount of activity in the market for 15 years as buyers re-main on the side-lines following the April expiry of the Government Tax credit. However, the

INTRA-DAY USD/JPY: Last Update At 25 Aug 2010 06:09 GMT Range Forecast 84.00 / 84.35 Resistance/Support R: 84.51 / 84.72 / 85.09 S: 83.91 / 83.58 / 83.32 ------------------------------------------------- INTRA-DAY EUR/USD: Last Update At 25 Aug 2010 06:15 GMT Range Forecast 1.2630 / 1.2667 Resistance/Support R: 1.2667/1.2684/1.2720 S: 1.2616/1.2588/1.2552 ------------------------------------------------- INTRA-DAY USD/CHF: Last Update At 25 Aug 2010 06:49 GMT Range Forecast 1.0265 /

Update Time:24 Aug 2010 08:04GMT INTRA-DAY AUD/USD OUTLOOK - +0.8835+ A$'s breach of Asian low at 0.8867 after meeting renewed selling at 0.8901 has retained our bearish- ness for a re-test of y'day's 0.8833 low but only below there wud confirm recent decline fm 0.9223 has finally resumed n extend weakness to 0.8800/05. Trade fm short side with stop as indicated n only abv 0.8908 (AUS) wud defer, risk 0.8925/35. Rate: +0.8835+    Strategy: +Target met+   

INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/JPY : 106.77 Last Update At 25 Aug 2010 01:56 GMT Although euro has staged a strg recovery fm 105. 90 (AUS), present retreat after meeting renewed selling at 106.96 suggests choppy trading below res at 107.05 (NY) is seen with mild downside bias for weakness to 106.40/50 but said sup shud hold. Sell on recovery with stop as indicated, break risks a stronger retrace. fm 105.44 twd 107.40/50. Range Forecast 106.60 / 106.90 Resistance/Support R:

Our scenario featuring a shift to a higher level of the exchange rate of the Swiss franc still holds, and we see a stronger risk of the franc appreciating from its current level. Jyske Bank does not believe in a double dip recession in the US, but a string of weak economic indicators from over there has held the subject on the agenda for the past weeks. This has boosted risk aversion in the financial markets, and the franc has been appreciating. The franc has gained almost 6% against the euro

S&P 500 (Sep 10) INTRADAY Review “Merger-Monday” saw equities open higher but nevertheless finish in negative territory as some of the initial opti-mism waned, with visible underperformance seen in the tech sector throughout. Despite following a range bound trading pattern for much of the session; stocks broke out to the downside and printed fresh lows in the closing hour of trade ahead of Tuesday’s key housing data. At the close the e-mini S&P 500 closed down 0.40% at 1065.50 Strategy

INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/JPY : 106.95 Last Update At 24 Aug 2010 07:23 GMT Euro's anticipated weakness after penetrating 107.21 (Asia) confirms MT decline has once again resumed n further fall to 106.60/70 wud be seen, however, 106.25/35 shud limit downside fm here due to nr term loss of momentum n risk rebound later. Sell again on recovery, stop as indicated n only abv 107.60 signals intra-day low is made, 108.00. Range Forecast 106.80 / 107.20 Resistance/Support R:

INTRA-DAY USD/JPY: Last Update At 24 Aug 2010 04:17 GMT Range Forecast 84.95 / 85.20 Resistance/Support R: 85.19 / 85.42 / 85.64 S: 84.89 / 84.72 / 84.50 ------------------------------------------------- INTRA-DAY EUR/USD: Last Update At 24 Aug 2010 04:18 GMT Range Forecast 1.2625 / 1.2655 Resistance/Support R: 1.2664/1.2684/1.2730 S: 1.2624/1.2605/1.2583 ------------------------------------------------- INTRA-DAY USD/CHF: Last Update At 24 Aug 2010 04:20 GMT Range Forecast 1.0400 / 1.0430

Update Time:23 Aug 2010 14:21GMT EUROPEAN CLOSING EUR/USD OUTLOOK - +1.2690+ Despite nr term choppy sideways trading, as euro has retreated after faltering below 1.2730/34 res area, consolidation with downside bias remains, how ever, breach of 1.2682 needed to confirm recovery fm 1.2664 is over n extend fall to 1.2640. Trade fm short side with stop now at break-even n only abv 1.2734 risks stronger bounce to 1.2772. Rate: +1.2690+    Strategy: +Target met+   

S&P 500 (Sep 10) INTRADAY Review US Equities finished almost exactly where they had started on Friday on a mixed day with a dearth of news flow and no economic data. The E-mini S&P 500 made a new 4 week low in the first half of the session with negative sentiment over spill-ing from Thursday’s sell off, breaking below the 50% Fib level from the last 3 month’s range at 1066.25. A rebound after US lunch time lead the market back higher to post a near perfect doji on the daily chart